{"id":1912976,"date":"2023-04-11T07:42:14","date_gmt":"2023-04-11T11:42:14","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/futures-edge-higher-as-focus-shifts-to-inflation-data-earnings\/"},"modified":"2023-04-11T07:48:42","modified_gmt":"2023-04-11T11:48:42","slug":"futures-edge-higher-as-focus-shifts-to-inflation-data-earnings","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/futures-edge-higher-as-focus-shifts-to-inflation-data-earnings\/","title":{"rendered":"Futures edge higher as focus shifts to inflation data, earnings"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ffutures-edge-higher-as-focus-shifts-to-inflation-data-earnings%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1912976&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p><!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\"><br \/>\n<?xml encoding=\"utf-8\" ?><html><body><\/p>\n<div class=\"entry-content\">\n<p>(Reuters) \u2013     U.S. stock index futures rose on Tuesday as investors awaited inflation data to gauge the Federal Reserve\u2019s next policy moves, while caution prevailed ahead of the quarterly earnings season.<\/p>\n<p>Hopes that the Fed will soon end its aggressive monetary policy tightening have helped the main U.S. equity benchmarks stabilize in April after a selloff last month that was triggered by the collapse of two U.S. mid-sized lenders.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: 50px;  text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); });  \t<\/script>  <\/div>\n<\/p>\n<p>A strong labor market report on Friday, however, lifted bets that the U.S. central bank will increase rates by 25 basis points in May, with money market traders pricing in a nearly 70% chance of such a move, according to CME Group\u2019s Fedwatch tool.<\/p>\n<p>All eyes will be on the inflation data on Wednesday, with economists forecasting consumer prices to grow 5.2% in March after a 6.0% rise in February. However, core prices are seen rising 5.6%, a slightly faster pace compared with the 5.5% growth in February.<\/p>\n<p>Big U.S. banks Citigroup Inc, JPMorgan Chase &#038; Co and Wells Fargo &#038; Co will kick off the first-quarter earnings season. Investors will be scrutinizing the earnings reports for clues on the overall health of the banking sector.<\/p>\n<p>Analysts expect first-quarter profits at S&#038;P 500 companies to fall 5.2% year-on-year, a stark reversal from the 1.4% annual growth expected at the beginning of the year, according to Refinitiv data.<\/p>\n<p>At 5:56 a.m. ET, Dow e-minis were up 51 points, or 0.15%, S&#038;P 500 e-minis were up 10.75 points, or 0.26%, and Nasdaq 100 e-minis were up 44.75 points, or 0.34%.<\/p>\n<p>Shares of crypto-related companies such as Coinbase Global Inc, Riot Platforms Inc and Marathon Digital Holdings Inc climbed between 3.0% and 4.2% as bitcoin breached the key $30,000 level for the first time in 10 months.<\/p>\n<p>National CineMedia Inc soared 91.7% after AMC Entertainment Holdings Inc disclosed a stake in the theater-focused advertising company.<\/p>\n<p>U.S.-listed shares of Hexo Corp plunged 22.0% after Tilray Brands Inc said it would buy the Canadian cannabis company for $56 million. Tilray\u2019s shares also fell 5.8%.<\/p>\n<\/p>\n<p> (Reporting by Sruthi Shankar in Bengaluru; Editing by Shounak Dasgupta)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/futures-edge-higher-as-2\/attachment\/traders-work-on-the-floor-of-the-nyse-in-new-13\/\"><\/a><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>An employee opens fire on innocent bystanders at a Bank in Louisville, Kentucky. Meanwhile, a new report reveals the paper trail linking George Soros to Democrat campaigns, while China preps for an invasion of Taiwan. <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>with Dr. Simone Gold<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>with Rep. Kevin Kiley<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>with Marc Morano<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>By Josh Horwitz and Josh Ye SHANGHAI (Reuters) \u2013 Alibaba Group Holding Ltd on Tuesday showed off its generative AI model \u2013\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>By Munsif Vengattil and Aditya Kalra NEW DELHI (Reuters) \u2013 Three public policy executives of the India team of Samsung Electronics have\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>SINGAPORE (Reuters) \u2013 Major cryptocurrency bitcoin breached the key $30,000 level for the first time in 10 months on Tuesday, adding to\u2026 <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>By Josh Ye HONG KONG (Reuters) -China\u2019s cyberspace regulator unveiled draft measures on Tuesday for managing generative artificial intelligence services, saying it\u2026 <\/p>\n<\/p><\/div>\n<p><\/body><\/html><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) \u2013 U.S. stock index futures rose on Tuesday as investors awaited inflation data to gauge the Federal Reserve\u2019s next policy moves, while caution prevailed ahead of the quarterly earnings season. Hopes that the Fed will soon end its aggressive monetary policy tightening have helped the main U.S. equity benchmarks stabilize in April after a<\/p>\n","protected":false},"author":66,"featured_media":1912977,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[6441,11333,20433,7786,20803,5708,17215],"class_list":["post-1912976","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann","tag-data","tag-earnings","tag-edge","tag-focus","tag-futures","tag-inflation","tag-shifts"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1912976","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1912976"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1912976\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1912977"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1912976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1912976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1912976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}